How Does a Home Appraisal Work? | Career Trend – The Completed Appraisal. The appraisal report is delivered to the client, usually the lender or attorney. In the case of a lender, the appraisal is forwarded to the underwriting department for review. Most of the time the appraisal is accepted right away. In some cases, the underwriter will ask for additional information or clarification.
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How Are New Construction Homes Appraised | Home Guides | SF Gate – Many residential home appraisers use the Uniform residential appraisal report, Form 1004. Developed by Fannie Mae, the URAR allows home appraisers to produce credible appraisals on existing and.
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How to prepare for a home appraisal – Now, cost does. appraisal with the owner. The communication has to come through the [lender].” Wilson recommends that homeowners who are considering renovations to their home before they put it on.
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